Govt revises dividend, buyback and bonus issue norms for CPSEs

Govt revises dividend, buyback and bonus issue norms for CPSEs

The Union government has revised its guidelines regarding capital restructuring of Central Public Sector Enterprises (CPSEs) to address the critical interlinked issues such as leveraging of assets lor fresh investment, capital restructuring, financial restructuring and such other matters. The guidelines stipulate eligibility conditions for CPSEs for payment of dividend, buyback of shares, issue of bonus … Read more